Educational use only — not investment advice. "Undervalued / fairly valued / overvalued" and every risk score reflect our models vs. price, which can be wrong or based on stale or incomplete data. Always review the company's own financials and SEC filings, and consult a licensed advisor, before acting.
MTCH
Deeply undervalued
Match Group, Inc.
Price$41.09
Model IV$59.79
P/IV0.68
Discount 31%
Return to IV: +45.5%
Market implies +2.6%/yr
vs model +9.6% · below model
MTDR
Deeply undervalued
Matador Resources Co
Price$54.28
Model IV$173.71
P/IV0.31
Discount 69%
Return to IV: +220.0%
Market implies -8.5%/yr
vs model +8.0% · below model
MTG
Undervalued
MGIC INVESTMENT CORP
Price$27.43
Model IV$38.02
P/IV0.66
Discount 28%
Return to IV: +38.6%
MTH
Valuation N/A
Meritage Homes CORP
Price$58.81
Model IV—
P/IV—
Market implies +23.6%/yr
vs model -10.0% · above model
MTN
Overvalued
VAIL RESORTS INC
Price$146.03
Model IV$126.53
P/IV1.11
Premium +15%
Return to IV: -13.4%
Market implies +9.2%/yr
vs model +9.1% · in line
MTRN
Deeply overvalued
MATERION Corp
Price$280.45
Model IV$49.28
P/IV4.46
Premium +469%
Return to IV: -82.4%
Market implies +29.6%/yr
vs model +4.8% · above model
MTX
Fairly valued
MINERALS TECHNOLOGIES INC
Price$63.60
Model IV$62.33
P/IV1.07
Premium +2%
Return to IV: -2.0%
Market implies +3.9%/yr
vs model +4.3% · in line
MUR
Deeply undervalued
MURPHY OIL CORP
Price$38.68
Model IV$193.31
P/IV0.19
Discount 80%
Return to IV: +399.8%
Market implies -19.0%/yr
vs model +3.0% · below model
MUSA
Fairly valued
Murphy USA Inc.
Price$529.14
Model IV$523.52
P/IV0.97
Premium +1%
Return to IV: -1.1%
Market implies +6.9%/yr
vs model +8.4% · in line
MWA
Overvalued
Mueller Water Products, Inc.
Price$21.67
Model IV$18.60
P/IV1.36
Premium +17%
Return to IV: -14.2%
Market implies +7.3%/yr
vs model +6.4% · in line
MXL
Valuation N/A
MAXLINEAR, INC
Price$96.16
Model IV—
P/IV—
Market implies +68.1%/yr
vs model +2.0% · above model
MYRG
Deeply overvalued
MYR GROUP INC.
Price$311.63
Model IV$213.14
P/IV2.18
Premium +46%
Return to IV: -31.6%
Market implies +14.4%/yr
vs model +11.0% · above model
MZTI
Deeply undervalued
MARZETTI CO
Price$99.30
Model IV$235.77
P/IV0.47
Discount 58%
Return to IV: +137.4%
Market implies -5.2%/yr
vs model +6.3% · below model
NAKA
Valuation N/A
Nakamoto Inc.
Price$8.54
Model IV—
P/IV—
Market implies +127.3%/yr
vs model +2.0% · above model
NAMS
Valuation N/A
NewAmsterdam Pharma Co N.V.
Price$21.58
Model IV—
P/IV—
Market implies +62.6%/yr
NATL
Undervalued
NCR Atleos Corp
Price$45.79
Model IV$57.71
P/IV0.79
Discount 21%
Return to IV: +26.0%
Market implies +4.9%/yr
vs model +10.0% · below model
NBTB
Overvalued
NBT BANCORP INC
Price$50.06
Model IV$38.67
P/IV1.20
Premium +29%
Return to IV: -22.8%
NCLH
Fairly valued
Norwegian Cruise Line Holdings Ltd.
Price$15.57
Model IV$16.63
P/IV0.85
Discount 6%
Return to IV: +6.8%
Market implies +5.1%/yr
vs model +7.5% · in line
NE
Undervalued
Noble Corp plc
Price$42.36
Model IV$56.96
P/IV0.82
Discount 26%
Return to IV: +34.5%
Market implies +2.4%/yr
vs model +8.0% · below model
NEO
Deeply overvalued
NEOGENOMICS INC
Price$16.35
Model IV$5.57
P/IV3.51
Premium +194%
Return to IV: -65.9%
Market implies +13.3%/yr
vs model +10.7% · in line
NEOG
Deeply overvalued
NEOGEN CORP
Price$11.85
Model IV$7.79
P/IV1.74
Premium +52%
Return to IV: -34.3%
Market implies +6.4%/yr
vs model +13.4% · below model
NESR
Deeply overvalued
National Energy Services Reunited Corp.
Price$22.78
Model IV$8.89
P/IV3.69
Premium +156%
Return to IV: -61.0%
Market implies +18.2%/yr
vs model +6.1% · above model
NEU
Fairly valued
NEWMARKET CORP
Price$893.36
Model IV$790.94
P/IV0.98
Premium +13%
Return to IV: -11.5%
Market implies +5.1%/yr
vs model +4.1% · in line
NEXA
Valuation N/A
Nexa Resources S.A.
Price$13.20
Model IV—
P/IV—
Limited data — see page
NEXT
Overvalued
NextDecade Corp
Price$6.62
Model IV$5.71
P/IV1.39
Premium +16%
Return to IV: -13.7%
NFG
Deeply overvalued
NATIONAL FUEL GAS CO
Price$78.66
Model IV$39.50
P/IV1.99
Premium +99%
Return to IV: -49.8%
NG
Valuation N/A
NOVAGOLD RESOURCES INC
Price$6.71
Model IV—
P/IV—
Market implies +71.3%/yr
vs model +5.0% · above model
NGL
Deeply overvalued
NGL Energy Partners LP
Price$14.74
Model IV$11.27
P/IV1.52
Premium +31%
Return to IV: -23.5%
NGVT
Overvalued
Ingevity Corp
Price$69.76
Model IV$54.34
P/IV1.32
Premium +28%
Return to IV: -22.1%
Market implies +5.5%/yr
vs model +2.2% · above model
NHC
Undervalued
NATIONAL HEALTHCARE CORP
Price$227.11
Model IV$281.11
P/IV0.66
Discount 19%
Return to IV: +23.8%
Market implies +5.7%/yr
vs model +10.8% · below model
NHI
Overvalued
NATIONAL HEALTH INVESTORS INC
Price$64.85
Model IV$53.19
P/IV1.38
Premium +22%
Return to IV: -18.0%
NIC
Deeply overvalued
NICOLET BANKSHARES INC
Price$162.79
Model IV$86.29
P/IV1.94
Premium +89%
Return to IV: -47.0%
NICE
Deeply undervalued
NICE Ltd.
Price$117.49
Model IV$237.56
P/IV0.50
Discount 51%
Return to IV: +102.2%
Market implies +0.3%/yr
vs model +11.8% · below model
NIO
Valuation N/A
NIO Inc.
Price$3.58
Model IV—
P/IV—
Market implies +51.7%/yr
vs model +8.0% · above model
NIQ
Overvalued
NIQ Global Intelligence plc
Price$18.09
Model IV$14.61
P/IV0.57
Premium +24%
Return to IV: -19.2%
Market implies +12.6%/yr
vs model +12.1% · in line
NJR
Undervalued
NEW JERSEY RESOURCES CORP
Price$51.21
Model IV$62.01
P/IV0.89
Discount 17%
Return to IV: +21.1%
NKTR
Valuation N/A
NEKTAR THERAPEUTICS
Price$41.17
Model IV—
P/IV—
Market implies +85.6%/yr
vs model +2.0% · above model
NMFCZ
Deeply undervalued
New Mountain Finance Corp
Price$25.41
Model IV$56.92
P/IV0.44
Discount 55%
Return to IV: +124.0%
Market implies -5.0%/yr
vs model +6.0% · below model
NMIH
Deeply undervalued
NMI Holdings, Inc.
Price$40.01
Model IV$63.88
P/IV0.66
Discount 37%
Return to IV: +59.7%
NMRK
Deeply overvalued
NEWMARK GROUP, INC.
Price$12.12
Model IV$7.58
P/IV1.67
Premium +60%
Return to IV: -37.5%
Market implies +9.8%/yr
vs model +3.8% · above model
NN
Deeply undervalued
NEXTNAV INC.
Price$12.35
Model IV$101.70
P/IV0.20
Discount 88%
Return to IV: +723.5%
Market implies -37.0%/yr
vs model +50.0% · below model
NNI
Deeply undervalued
NELNET INC
Price$125.26
Model IV$233.95
P/IV0.56
Discount 46%
Return to IV: +86.8%
Market implies -3.7%/yr
vs model +5.0% · below model
NNN
Fairly valued
NNN REIT, INC.
Price$40.24
Model IV$35.94
P/IV1.15
Premium +12%
Return to IV: -10.7%
NOG
Deeply undervalued
NORTHERN OIL & GAS, INC.
Price$24.76
Model IV$260.62
P/IV0.08
Discount 90%
Return to IV: +952.6%
Market implies -26.2%/yr
vs model +8.0% · below model
NOV
Deeply undervalued
NOV Inc.
Price$18.97
Model IV$30.82
P/IV0.65
Discount 38%
Return to IV: +62.5%
Market implies +2.2%/yr
vs model +11.0% · below model
NOVT
Deeply overvalued
NOVANTA INC
Price$141.28
Model IV$40.40
P/IV3.94
Premium +250%
Return to IV: -71.4%
Market implies +23.1%/yr
vs model +8.5% · above model
NOVTU
Fairly valued
NOVANTA INC
Price$60.83
Model IV$54.01
P/IV1.14
Premium +13%
Return to IV: -11.2%
Market implies +2.6%/yr
vs model +8.5% · below model
NP
Deeply overvalued
Neptune Insurance Holdings Inc.
Price$28.74
Model IV$18.99
P/IV1.48
Premium +51%
Return to IV: -33.9%
Market implies +24.5%/yr
vs model +25.0% · in line
NPO
Deeply overvalued
Enpro Inc.
Price$311.45
Model IV$91.73
P/IV3.35
Premium +240%
Return to IV: -70.5%
Market implies +24.5%/yr
vs model +8.0% · above model
NRIX
Valuation N/A
Nurix Therapeutics, Inc.
Price$22.35
Model IV—
P/IV—
Market implies +29.2%/yr
NSA
Valuation N/A
NSA
Price$43.41
Model IV—
P/IV—
Limited data — see page
NSIT
Deeply overvalued
INSIGHT ENTERPRISES INC
Price$163.61
Model IV$102.18
P/IV1.04
Premium +60%
Return to IV: -37.5%
Market implies +11.9%/yr
vs model +6.2% · above model
NTB
Undervalued
Bank of N.T. Butterfield & Son Ltd
Price$57.50
Model IV$68.72
P/IV0.85
Discount 16%
Return to IV: +19.5%
NTCT
Fairly valued
NETSCOUT SYSTEMS INC
Price$40.69
Model IV$44.66
P/IV0.93
Discount 9%
Return to IV: +9.8%
Market implies +2.5%/yr
vs model +4.3% · in line
NTRSO
Deeply undervalued
NORTHERN TRUST CORP
Price$18.21
Model IV$104.84
P/IV0.17
Discount 83%
Return to IV: +475.7%
NTSK
Deeply overvalued
Netskope Inc
Price$20.76
Model IV$7.86
P/IV1.54
Premium +164%
Return to IV: -62.1%
Market implies +19.3%/yr
vs model +32.0% · below model
NUVL
Valuation N/A
NUVL
Price$123.96
Model IV—
P/IV—
Limited data — see page
NVST
Fairly valued
Envista Holdings Corp
Price$23.00
Model IV$23.59
P/IV1.01
Discount 3%
Return to IV: +2.6%
Market implies +6.1%/yr
vs model +7.6% · in line
NVTS
Valuation N/A
Navitas Semiconductor Corp
Price$10.78
Model IV—
P/IV—
Market implies +54.6%/yr
NWBI
Fairly valued
Northwest Bancshares, Inc.
Price$14.67
Model IV$12.77
P/IV1.18
Premium +15%
Return to IV: -13.0%
